HomeMy WebLinkAboutConfirming Tax Abatement - Federal Mogul South Bend Inc. 3605 W. Cleveland Rd. (5 Year Personal Property)RESOLUTION
NO. 2685 -98
Passed by the Common Council of the City of South Bend, Indiana
October 26, 19 98 .
Clerk
Attest: xe_ President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indi
October 27, 19 98 .
City Clerk
Approved and signed by me October 28, 1998 _
Mayor
RESOLUTION NO. c�69 \5_9
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
3605 West Cleveland Road
TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A
FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR
Federal -Mogul South Bend, Inc.
WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory
Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax
abatement consideration; and
WHEREAS, a Declaratory Resolution designated the area commonly known as 3605 West Cleveland
Road, South Bend, Indiana, 46228 and which is more particularly described as follows:.
A tract of land in part of the East half of Section 21, Township 38 North, Range 2 East, 2nd P.M. St.
Joseph County, Indiana, and more particularly described as follows:
Beginning at a point on the East -West Half section line of said East Half North 88 degrees 53 minutes 36
seconds East 915.58 feet from the center of said Section 21, thence North 0 degrees 56 minutes 57 seconds
West 338.80 feet; thence North 88 degrees 53 minutes 36 seconds East, parallel with the East -West half
section line of said Section, 800.00 feet; thence South 0 degrees 56 minutes 57 seconds East 1726.13 feet;
thence northwesterly 550.14 feet along an arc to the right having a radius of 4463.66 feet and subtended
by a long chord having a bearing of North 54 degrees 36 minutes 59 seconds West and a distance of
549.80 feet; thence North 51 degrees 05 minutes 08 seconds West 465.22 feet; thence North 0 degrees 56
minutes 57 seconds West 761.20 feet to the East -West half section line of said East half the point of
beginning, and containing 26.203 acres, more or less,
and which has Key Number 25 -500- 13100, as an Economic Revitalization Area; and
WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the
Council has been published pursuant to Indiana Code 6- 1.1- 12.1 -2.5; and
WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and
objections from interested persons; and
WHEREAS, the Council has determined that the qualifications for an economic revitalization area
have been met.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
Indiana, as follows:
SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described
herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for
Personal property tax abatement only and is limited to two (2) calendar years from the date of adoption of the
Declaratory Resolution by the Common Council.
SECTION II. The Common Council hereby determines that the property owner is qualified for and is granted
Personal property tax deduction for a period of five (5) years, and further determines that the petition
complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6 -1.1-
12 et sea.
SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common
FAUSERWCCMPROPERTY TAXTERSRES2.DOC
Council and approved by the Mayor.
Member of the Common Council
fled in Clerk's Cfficr
PRESENTED
NOT APPROVED OCT �yTM�Qgs ]-
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CRY CLERK, SO. SMD, iic.
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